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Stock Market's No Confidence Motion: Rahul
By: Tupaki Desk | 3 Feb 2018 11:47 AM GMT
Congress President took potshots at NDA Government after the crash of Stock Market. He described the fall of Sensex by over 800 points in a day as the 'No Confidence Motion' against NDA & its Policies. 'In Parliamentary language, the Sensex just placed a solid 800 point 'No Confidence Motion' against Modi's budget,' he wrote attaching the hashtag 'BasEkAurSaal' which indicates only one more year is left for Modi Government.
Prince alleged NDA Government hasn't fulfilled any of the promises made to farmers and youth in the past four years. '4 years gone; still promising FARMERS a fair price...FANCY SCHEMES with NO matching budgets; no JOBS for our YOUTH. Thankfully, only 1 more year to go,' criticized Rahul while reacting on Union Budget 2018.
While 30-share Sensex plummeted 840 points on Friday, Nifty slipped to less than 10,800-mark after losing over 250 points. Around Rs 4.6 lakh crore of investors wealth evaporated due to 10 percent tax imposed on long-term capital gains on equities. Even 10 percent tax will be collected on distributed income from equity-oriented mutual funds.
Prince alleged NDA Government hasn't fulfilled any of the promises made to farmers and youth in the past four years. '4 years gone; still promising FARMERS a fair price...FANCY SCHEMES with NO matching budgets; no JOBS for our YOUTH. Thankfully, only 1 more year to go,' criticized Rahul while reacting on Union Budget 2018.
While 30-share Sensex plummeted 840 points on Friday, Nifty slipped to less than 10,800-mark after losing over 250 points. Around Rs 4.6 lakh crore of investors wealth evaporated due to 10 percent tax imposed on long-term capital gains on equities. Even 10 percent tax will be collected on distributed income from equity-oriented mutual funds.
